FXTrade #3
LONG USDCAD (again!)
Duration:0-2days
H Dollar Value:1.95
After taking ~25pips just now on the short term charts, i actually like a longer term position. i expect the long usd/cad would prove pretty good in the 15mins. However, do expect a longer duration and max drawdown proportional to the duration size. In finance we usually use Square root(5/15)...
FXTrade #2
LONG USDCAD
Duration:0-2days
Cumulative Pip Count:+70
H Dollar Value:1.70*
*Since this is the second trade, i will assume a 1 cent per pip for our hypothetical dollar. obviously, it is not constant depending on your base currency and pairs you are trading. However, you could always adjust vis-a-vis leverage and quantity. For simplicity sake, lets just...